News

Russian fish supplies to Africa could quadruple

Russia
Published Jul 28, 2023

Tridge summary

The second Russia-Africa summit is currently taking place in St. Petersburg, with discussions focused on the possibilities of the Russian agro-industrial complex and the supply of agricultural and food products to Africa. Experts suggest that the Russian fishing industry has the potential to increase fish exports to African countries by four times, with an estimated additional revenue of $0.5 billion. African countries have a developed fish farming industry but lack large-scale fisheries, creating a demand for inexpensive fish such as mackerel, herring, and tilapia.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Russian farmers supply grain to Africa, but experts believe that support for food security in the region may not be limited to this. For example, the Russian fishing industry can increase fish exports to African countries by four times. As part of the second Russia-Africa summit, which started in St. Petersburg, the possibilities of the Russian agro-industrial complex and the supply of agricultural products and food products to Africa are being discussed. The All-Russian Association of Fishermen (VARPE), in its message, which was reviewed by sfera.fm, indicates that it is, among other things, an increase in the supply of Russian fish to the markets of African countries. According to the President of the WARPE German Zverev, fish supplies from Russia to Africa now amount to 50 thousand tons. However, fish is in demand in this region, and Russian producers could easily increase supplies four times, to 200,000 tons, which would bring $0.5 billion in additional revenue to the ...
Source: Agronovosti
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